Mandena Family Foundation
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $1.7m
- Employees
- 0
- Location
- Manhattan Beach, CA
- Founding
- 06/1999
- Data as of
- 12/2022
- EIN
- 94-3296003
Organization Overview
Mandena Family Foundation is located in Manhattan Beach, CA. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mandena Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mandena Family Foundation generated $1.1m in total revenue. All expenses for the organization totaled $106.4k during the year ending 12/2022. While expenses have increased by 12.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mandena Family Foundation has awarded 11 individual grants totaling $118,949. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT FOR GENERAL CHARITABLE ORGANIZATIONS BENEFITTING THE COMMUNITY INCLUDING RELATED ADMINISTRATIVE EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janette C Mandema President/director | 16 | $0 | |
Jacob W Mandema Secretary/cfo/director | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,031,339 |
| Interest on Savings | $1,759 |
| Dividends & Interest | $36,678 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,666 |
| Capital Gain Net Income | $72,666 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,694 |
| Total Revenue | $1,145,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $476 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,088 |
| Contributions, gifts, grants paid | $94,275 |
| Total expenses and disbursements | $106,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,722 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,234,337 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,744,824 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mandena Family Foundation has awarded $94,275 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WOOD RIVER COMMUNITY YMCA PURPOSE: TO SUPPORT THEIR CHARITABLE PURPOSE | $1,000 |
KETCHUM DOWNTOWN YMCA PURPOSE: TO SUPPORT THEIR CHARITABLE PURPOSE | $1,500 |
US OLYMPIC & PARALYMPIC FOUNDATION-TITLE IX PURPOSE: TO SUPPORT THEIR CHARITABLE PURPOSE | $1,875 |
US OLYMPIC & PARALYMPIC FOUNDATION PURPOSE: TO SUPPORT THEIR CHARITABLE PURPOSE | $87,500 |
FRIENDSHIP EDUCATIONAL FOUNDATION PURPOSE: TO SUPPORT THEIR CHARITABLE PURPOSE | $2,400 |